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Dec 7, 2012
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providing for the common defense in a carefully measured way. and second, promote the general welfare. it's not just the welfare of the head of his or the have nots. it's the general welfare of all citizens of this country. and secure the blessings of liberty under the constitution. members ought to simply read that and say to themselves what can i do? while our press release says they should communicate with the people. but i would like to pose a challenge because here is some of it, and i thank each of you for coming. are there people that hold the elections of communications we've only got a short period of time to communicate. and i think that we should communicate to those people who are benefiting the most in this country from their economic status, that status having been achieved in a large measure by many years of hard work, sweat and taking a risk, but now is your chance individually and collectively to step up and communicate with your members of congress. the major members, those that benefit the most, that have the most at stake by
providing for the common defense in a carefully measured way. and second, promote the general welfare. it's not just the welfare of the head of his or the have nots. it's the general welfare of all citizens of this country. and secure the blessings of liberty under the constitution. members ought to simply read that and say to themselves what can i do? while our press release says they should communicate with the people. but i would like to pose a challenge because here is some of it, and i...
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Dec 10, 2012
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the missiles had been defense -- defensive missiles have been shared. number of states in the region. and, frankly, the president's declaration seven pretty explicit. but to the choice of saying, do we want to manage this or just contain the threat? we going to presented and reiterated? statements by leon panetta, defense secretary have dropped some of the hesitation is that were earlier. and so, again, there has been a reiteration of how seriously we take the threat if we are prepared to act if necessary. think it's everyone so we don't get to that, but i think the measures that are being taken are the ones that make that threat real. we hope it will have some influence. if you go back, all the problems that has posed and all the missteps that got us into the war, it concentrated the mind of the iranians. that was a time and actually suspended a lot of their nuclear activities, additional inspections and the rest. so they are susceptible to military pressure. get it right so that you apply the pressure but never have to take into actuality. >> supreme
the missiles had been defense -- defensive missiles have been shared. number of states in the region. and, frankly, the president's declaration seven pretty explicit. but to the choice of saying, do we want to manage this or just contain the threat? we going to presented and reiterated? statements by leon panetta, defense secretary have dropped some of the hesitation is that were earlier. and so, again, there has been a reiteration of how seriously we take the threat if we are prepared to act...
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Dec 6, 2012
12/12
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because, as the secretary of defense has said, it would be disastrous for the defense department to take another half of a trillion-dollar hit to its budget after already committing to -- and we've required under our budget act that the defense department reduce spending by about $487 billion over the next ten years. to add another half a trillion to that would, in fact, as secretary panetta said, be disastrous. so i appreciate the comments of my colleague. let me speak to the president's proposal specifically that was made at the beginning of the so-called negotiations here. his offer would increase taxes by more than $1.6 trillion on individuals, on investment income, small businesses, under the estate tax, farms and estates, and american energy producers. now, as president reagan said many years ago, if you tax something, you get less of it. if you have to pay more taxes to engage in certain activities, you tend not to engage in those activities. what's happening now in the market is a perfect example. a lot of people are of the view that capital gains taxes are going to go up. so the
because, as the secretary of defense has said, it would be disastrous for the defense department to take another half of a trillion-dollar hit to its budget after already committing to -- and we've required under our budget act that the defense department reduce spending by about $487 billion over the next ten years. to add another half a trillion to that would, in fact, as secretary panetta said, be disastrous. so i appreciate the comments of my colleague. let me speak to the president's...
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Dec 7, 2012
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department of defense through u.s. africa command is actively supporting the military planning effort through the provision of planning expertise. the broad strategic concept for that deployment is sound. more specific planning is underway to address the myriad of operation details. the u.s. government is exploring options for supporting the countries that contribute forces to the equal loss mission and this could include the training and equipment to the countries that would contribute forces to deploy as far as the international military force. and additional planning and advisory support. i will look forward to your questions. thank you. >> thank you deputy secretary to read and grateful to the panel and for the opportunity to explore further this complex and very challenging situation. if i might first on the question just sort of sequencing all three of you have spoken to the interrelated and complex challenges on the path towards restoring democracy dealing with humanitarian issues henderson historic grievances i
department of defense through u.s. africa command is actively supporting the military planning effort through the provision of planning expertise. the broad strategic concept for that deployment is sound. more specific planning is underway to address the myriad of operation details. the u.s. government is exploring options for supporting the countries that contribute forces to the equal loss mission and this could include the training and equipment to the countries that would contribute forces...
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Dec 7, 2012
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senators, in light of your many accomplishments in defense of national security and defense of freedom, i am proud to present you, the foundation for defensive democracies inaugural ambassador jeane j. kirkpatrick award sitting right next to you. a little heavy, but you as a strong. pick it up. please join me in congratulating the senators. [applause] >> you are both well and say a couple of words here. >> cliff. thank you very much. when i think about it, his movement from the new york times is a little like my movement from the democratic party to being independent. [laughter] i am really honored by this. i am honored because of my great admiration for this unique organization here in washington and throughout the country. i like the phrase of action intellectual. he produced some really tough work that informs policy, and you have also been very effective advocates. secondly, i am really honored to be receiving this award in the name of jean kirkpatrick. another independent democrat. so independent she became a republican. i don't know. she was an inspiration to watch at the u.n., a
senators, in light of your many accomplishments in defense of national security and defense of freedom, i am proud to present you, the foundation for defensive democracies inaugural ambassador jeane j. kirkpatrick award sitting right next to you. a little heavy, but you as a strong. pick it up. please join me in congratulating the senators. [applause] >> you are both well and say a couple of words here. >> cliff. thank you very much. when i think about it, his movement from the new...
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Dec 6, 2012
12/12
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the insurance and defense sectors have looked at the scientific data. they are changing their operations. they are preparing for the worst and even bigger losses. insurance commissioners in california, new york and washington now require companies to disclose how they are working to plot the effects of climate change and their responses. congress may be in denial but the real world, the private sector, is not. and as the government is the ultimate insurer of millions of americans in the crop insurance and national flood insurance programs, we have to get serious about addressing the cause and effects of climate change and the solvency and future of these important programs. computer models suggest that the storms and heat waves we're seeing will become stronger and more extreme in future, causing even greater damage. congress can no longer afford to ignore this issue. madam president, i yield the floor and suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: mr. coons: madam president? the presi
the insurance and defense sectors have looked at the scientific data. they are changing their operations. they are preparing for the worst and even bigger losses. insurance commissioners in california, new york and washington now require companies to disclose how they are working to plot the effects of climate change and their responses. congress may be in denial but the real world, the private sector, is not. and as the government is the ultimate insurer of millions of americans in the crop...
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Dec 13, 2012
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secly, clearly, you don't want all the sequester to take place with regards to defense and discretionary. allow some of it to take place. you know, we got to -- we got to get rid -- we have to patch it before comprehensive tax reform, something pending more fundamental health care reforks. the president talks about balance. i don't expect to suggest that's the wrong term, but we need a comprehensive solution, a balanced solution because balance is why 50/50, i'm is libra -- [laughter] 50/50 with regards to spending and taxing. .. will generate more revenues, that will be counted as a spending reduction under government rules because premiums for medicare beneficiaries count as a reduction in spending. if you look at indexing formulas and things of that nature to end a perfect and the spending side and revenue side, with completion or otherwise come to you conducing structural that will both slows spending as well as generate additional revenues. now we need to do a lot more than that. i think what we also need to do is recognize reality. our goal should be not balancing the budget becaus
secly, clearly, you don't want all the sequester to take place with regards to defense and discretionary. allow some of it to take place. you know, we got to -- we got to get rid -- we have to patch it before comprehensive tax reform, something pending more fundamental health care reforks. the president talks about balance. i don't expect to suggest that's the wrong term, but we need a comprehensive solution, a balanced solution because balance is why 50/50, i'm is libra -- [laughter] 50/50...
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Dec 12, 2012
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an act to authorize appropriations for fiscal year 2013 for military activities of the department of defense and so forth and for other purposes. the presiding officer: under the previous order, it is bill, as amended -- the bill, as amended, is agreed to. [inaudible] under the previous order, the clerk will appoint the following conferees. the clerk: senators levin, lieberman, reed of rhode island, akaka, nelson of nebraska, webb, mccaskill, udall of colorado, hagan, begich, manchin, shaheen, blumenthal, mccain, inhofe, sessions, chambliss, wicker, brown of massachusetts, portman, ayotte, collins, graham, cornyn and vitter. mr. whitehouse: madam president? the presiding officer: the senator from rhode island is recognized. mr. whitehouse: may i ask unanimous consent that we continue in morning business until 7:00 p.m. the presiding officer: is there an objection? no objection, so ordered. mr. whitehouse: i note the absencabsence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: mr. begich: madam president? the presiding officer: the senator from ala
an act to authorize appropriations for fiscal year 2013 for military activities of the department of defense and so forth and for other purposes. the presiding officer: under the previous order, it is bill, as amended -- the bill, as amended, is agreed to. [inaudible] under the previous order, the clerk will appoint the following conferees. the clerk: senators levin, lieberman, reed of rhode island, akaka, nelson of nebraska, webb, mccaskill, udall of colorado, hagan, begich, manchin, shaheen,...
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Dec 13, 2012
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it is therefore imperative that senate deliberations on the defense bill be conducted without limitations and in a manner that allows for the consideration of all related amendments that senators may wish to offer." so i feel aggrieved that my little amendment is not even going to get any more debate than these few moments right now. i know the senator from tennessee feels the same way, and undoubtedly senator udall would prefer a vote and debate on his amendment. we can fix this senate. we can get back to the leadership we had under mansfield and mitchell of maine and lott of mississippi, and other majority leaders, and we can move legislation along, but not if we continue this -- this abuse of the process by filling the amendment tree. i'll be voting with the senator and with the distinguished senator from pennsylvania on the point of order, because we need to draw a bright red line there. but beyond that, we may get on this issue at some 0 ooh point. i hope the senate can get back to an orderly debate on matters of substance and i thank my friend, the senator from tennessee, for yieldi
it is therefore imperative that senate deliberations on the defense bill be conducted without limitations and in a manner that allows for the consideration of all related amendments that senators may wish to offer." so i feel aggrieved that my little amendment is not even going to get any more debate than these few moments right now. i know the senator from tennessee feels the same way, and undoubtedly senator udall would prefer a vote and debate on his amendment. we can fix this senate....
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Dec 12, 2012
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, have $100 billion of non-defense. that gets you the $300 billion the republicans have asked for. on health care, you do $500 billion. that's close to what they've asked for. a hundred billion less. other mandatory, $200 billion. that's close to what they asked for. a hundred billion-dollar difference reflects what we've already done. interest savings, because you're spending less and you have more revenue, you save interest, $400 billion. that gives you a total of spending cuts of $1.4 trillion. you add in what's already been done, $1,05 trillion and you've got a total of $2,450,000,000,000. you add that to the $1.6 trillion of revenue and you've got $4,050,000,000,000 of savings. and then i personally would extend the payroll tax holiday because c.b.o. tells us on the tax side, that's the biggest bang for the buck in giving lift to the economy. it costs you $200 billion. for a net deficit reduction of $3,850,000,000,000. for those who are wondering, well, what happens to a.m.t. and what happens to the doc fix? we hav
, have $100 billion of non-defense. that gets you the $300 billion the republicans have asked for. on health care, you do $500 billion. that's close to what they've asked for. a hundred billion less. other mandatory, $200 billion. that's close to what they asked for. a hundred billion-dollar difference reflects what we've already done. interest savings, because you're spending less and you have more revenue, you save interest, $400 billion. that gives you a total of spending cuts of $1.4...
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Dec 13, 2012
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defense spending in 2012. we all know that interest rates are also at historic lose lows because of the action of the federal reserve. and if they were to return to their historic norms, 4% and 5% range, you can see easily how our debt would spin out of control and there would be very little room to spend money either on safety-net programs or on national security. one more point. the president often says his tax increases would merely restore the top tax rates that prevailed when bill clinton was in the white house, but that's demonstrably false. thanks to new taxes under obamacare, including the new 3.8% surtax on investment income, top rates would be significantly higher than they would be under the clinton administration. and, of course, you're not just talking about federal taxes. people in -- all around the country have to pay state, loc local, and federal taxes, many of whom would end up paying the majority of their paycheck in taxes. here's the reality. tax cuts did not create our fiscal problems and s
defense spending in 2012. we all know that interest rates are also at historic lose lows because of the action of the federal reserve. and if they were to return to their historic norms, 4% and 5% range, you can see easily how our debt would spin out of control and there would be very little room to spend money either on safety-net programs or on national security. one more point. the president often says his tax increases would merely restore the top tax rates that prevailed when bill clinton...
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Dec 10, 2012
12/12
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if we have a nor'easter our defenses are so far down that person's immune system is susceptible and thirdly, we come with less than 30 days to the -- this just has to be done. i feel like i have to be houdini to accomplish this so we are going to do this and so, secretary at look forward to your work and your help as we get to our colleagues as well. thank you mr. chairman. >> i will note this senator menendez will chair a subcommittee field hearing in new jersey next monday december december 10 on super storm sandy. senator toomey. >> thank you mr. chairman and thank you mr. secretary for joining us. i would like to understand better and aspects of the actuarial review. the question arises from the interest-rate assumptions and the interest-rate interest rate environment that is used to determine the prevailing view about the value of the mutual mortgage insurance fund and the family fund. more specifically, you observe on page eight of your testimony the fact the worst shape the fund is to simplify that and you walk through the mechanisms by which a lower interest rates while good for the
if we have a nor'easter our defenses are so far down that person's immune system is susceptible and thirdly, we come with less than 30 days to the -- this just has to be done. i feel like i have to be houdini to accomplish this so we are going to do this and so, secretary at look forward to your work and your help as we get to our colleagues as well. thank you mr. chairman. >> i will note this senator menendez will chair a subcommittee field hearing in new jersey next monday december...
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Dec 11, 2012
12/12
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so the changes to the estimates can be tracked and updated, and key decisions documented and defensible. finally, with regard to the cost estimate credibility, the rail authority did conduct a sensitivity analysis and an independent cost estimate, but these were limited to the initial construction segments. in addition, it did not conduct risk and uncertainty analysis to determine the likelihood that the estimates would be met. without these steps, decision-makers cannot identify the risks that may affect the projects cost. moving onto my second point, in addition to developing reliable cost estimates, the california high-speed rail project faces many challenges. chief among these is obtaining project funding beyond the initial 130-mile construction segment. while the rail authority has secured 11.5 billion for federal and state sources, it needs at least 57 billion in additional funding to complete the project. as with any large public infrastructure project, it is relying on public funding. in this case about 81% for the total construction cost. so financing is expected to come from u
so the changes to the estimates can be tracked and updated, and key decisions documented and defensible. finally, with regard to the cost estimate credibility, the rail authority did conduct a sensitivity analysis and an independent cost estimate, but these were limited to the initial construction segments. in addition, it did not conduct risk and uncertainty analysis to determine the likelihood that the estimates would be met. without these steps, decision-makers cannot identify the risks that...
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Dec 5, 2012
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what i heard from our experts, from the department of defense, from the state department, from usaid as well as a range of outside experts and one witness who testified from bamaco, the capital of mali, is was of concern to me. this is the largest controlled area in the world. in the north, extremists have imposed a harsh and strict version of sharia, or islamic law, and gross human rights violations. many people have heard of timbuktu but don't know it's a city in northern mali. in a site where extremists have behaved much like the taliban did in afghanistan before 9/11, destroying sacred and religious historic artifacts, imposing a harsh version of sharia that has meant amputations, stoning, violation of women's rights and free speech and religious free exercise rights, fundamentalling changing the tolerance and inclusive history of mali and creating with it a humanitarian crisis as more than 400,000 malians have fled, either internally displaced within mali or going to neighboring countries with refugees. with growing ties between these terrorists and nigeria, libya and throughout
what i heard from our experts, from the department of defense, from the state department, from usaid as well as a range of outside experts and one witness who testified from bamaco, the capital of mali, is was of concern to me. this is the largest controlled area in the world. in the north, extremists have imposed a harsh and strict version of sharia, or islamic law, and gross human rights violations. many people have heard of timbuktu but don't know it's a city in northern mali. in a site...